5N Plus (TSE:VNP) Hits New 1-Year High on Analyst Upgrade

5N Plus Inc. (TSE:VNP)’s share price hit a new 52-week high during mid-day trading on Wednesday after Canaccord Genuity Group raised their price target on the stock from C$26.00 to C$31.00. Canaccord Genuity Group currently has a buy rating on the stock. 5N Plus traded as high as C$27.70 and last traded at C$26.91, with a volume of 1016768 shares changing hands. The stock had previously closed at C$25.51.

Several other equities analysts have also weighed in on VNP. Ventum Financial increased their price objective on shares of 5N Plus from C$26.00 to C$30.00 and gave the company a “buy” rating in a research report on Tuesday. ATB Capital decreased their price target on shares of 5N Plus from C$42.00 to C$37.50 and set a “top pick” rating on the stock in a research note on Tuesday. Desjardins increased their price target on shares of 5N Plus from C$24.50 to C$30.00 and gave the company a “buy” rating in a report on Monday. Raymond James Financial boosted their price objective on 5N Plus from C$24.00 to C$26.00 in a report on Wednesday, November 5th. Finally, National Bankshares upped their target price on 5N Plus from C$30.00 to C$33.00 and gave the company an “outperform” rating in a research report on Wednesday. Three research analysts have rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of C$31.25.

Key Headlines Impacting 5N Plus

Here are the key news stories impacting 5N Plus this week:

• Positive Sentiment: Pentagon / U.S. grant — a reported US$18M U.S. investment to secure germanium supply and support strategic production expands 5N Plus’s addressable market and supply‑chain importance. Read More.
• Positive Sentiment: Space/solar capacity expansion — company plans to further increase space solar cell production capacity, supporting revenue upside in high-margin segments. Read More.
• Positive Sentiment: National Bankshares raised its price target to C$33 and moved to “outperform,” signaling stronger institutional conviction. Read More.
• Positive Sentiment: Canaccord Genuity raised its target to C$31 and kept a “buy” rating, adding incremental analyst support. Read More.
• Positive Sentiment: Desjardins and Ventum also raised targets (Desjardins to C$30; Ventum to C$30), reinforcing the upgrade momentum. Read More. / Read More.
• Positive Sentiment: Market reaction: coverage noting a new 1‑year high after upgrades — confirms momentum and may attract momentum traders. Read More.
• Neutral Sentiment: Valuation/coverage pieces (Seeking Alpha, Yahoo Finance) are assessing how the U.S. grant and capacity expansion affect valuation — useful for investors but not an immediate catalyst. Read More. / Read More.
• Negative Sentiment: ATB Capital cut its price target from C$42 to C$37.50 (still a “top pick”) — a lower target may temper some upside expectations among investors who followed the prior, higher benchmark. Read More.

5N Plus Stock Performance

The stock’s 50-day simple moving average is C$19.63 and its 200-day simple moving average is C$17.65. The stock has a market cap of C$2.47 billion, a price-to-earnings ratio of 56.49, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.19. The company has a current ratio of 3.49, a quick ratio of 1.51 and a debt-to-equity ratio of 104.29.

5N Plus (TSE:VNP) last released its quarterly earnings results on Monday, November 3rd. The company reported C$0.20 earnings per share for the quarter. The company had revenue of C$146.06 million during the quarter. 5N Plus had a net margin of 5.63% and a return on equity of 11.86%. Analysts forecast that 5N Plus Inc. will post 0.3739703 earnings per share for the current fiscal year.

About 5N Plus

5N+ is a leading global producer of specialty semiconductors and performance materials. The Company’s ultra pure materials often form the core element of its customers’ products. These customers rely on 5N+’s products to enable performance and sustainability in their own products. 5N+ deploys a range of proprietary and proven technologies to develop and manufacture its products. The Company’s products enable various applications in several key industries, including renewable energy, security, space, pharmaceutical, medical imaging and industrial.